NJ State Employees Deferred Compensation Plan continued to hold its stake in Vishay Intertechnology, Inc. (NYSE:VSH) during the second quarter, Holdings Channel reports. The firm owned 15,087 shares of the semiconductor company’s stock at the end of the second quarter. NJ State Employees Deferred Compensation Plan’s holdings in Vishay Intertechnology were worth $250,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in VSH. US Bancorp DE raised its stake in Vishay Intertechnology by 0.5% in the first quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock valued at $144,000 after buying an additional 45 shares in the last quarter. Capstone Asset Management Co. raised its stake in Vishay Intertechnology by 0.5% in the first quarter. Capstone Asset Management Co. now owns 17,708 shares of the semiconductor company’s stock valued at $291,000 after buying an additional 80 shares in the last quarter. Wedge Capital Management L L P NC raised its stake in Vishay Intertechnology by 0.4% in the first quarter. Wedge Capital Management L L P NC now owns 30,510 shares of the semiconductor company’s stock valued at $502,000 after buying an additional 126 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Vishay Intertechnology by 1.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 18,468 shares of the semiconductor company’s stock valued at $304,000 after buying an additional 219 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Vishay Intertechnology by 2.5% in the first quarter. Envestnet Asset Management Inc. now owns 12,657 shares of the semiconductor company’s stock valued at $208,000 after buying an additional 308 shares in the last quarter.

Vishay Intertechnology, Inc. (NYSE VSH) opened at 17.55 on Thursday. The stock has a market capitalization of $2.57 billion, a P/E ratio of 45.94 and a beta of 1.22. Vishay Intertechnology, Inc. has a 12 month low of $13.37 and a 12 month high of $18.55. The stock has a 50 day moving average price of $17.29 and a 200 day moving average price of $16.58.

Vishay Intertechnology (NYSE:VSH) last posted its earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.02. Vishay Intertechnology had a return on equity of 9.89% and a net margin of 3.34%. The firm had revenue of $644.89 million for the quarter, compared to analysts’ expectations of $643.19 million. During the same period last year, the firm earned $0.23 EPS. The company’s quarterly revenue was up 9.3% on a year-over-year basis. Equities analysts predict that Vishay Intertechnology, Inc. will post $1.30 EPS for the current fiscal year.

Vishay Intertechnology announced that its board has approved a share buyback plan on Wednesday, August 2nd that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the semiconductor company to purchase up to 5.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

TRADEMARK VIOLATION NOTICE: “Vishay Intertechnology, Inc. (NYSE:VSH) Position Held by NJ State Employees Deferred Compensation Plan” was originally reported by Watch List News and is the property of of Watch List News. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this news story can be viewed at https://www.watchlistnews.com/vishay-intertechnology-inc-nysevsh-position-held-by-nj-state-employees-deferred-compensation-plan/1468481.html.

Several research firms have issued reports on VSH. BidaskClub lowered Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Zacks Investment Research raised Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a report on Friday, April 14th. ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Stifel Nicolaus restated a “hold” rating and issued a $17.00 price objective on shares of Vishay Intertechnology in a research report on Friday, July 14th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Vishay Intertechnology presently has an average rating of “Buy” and an average target price of $18.50.

In other news, insider Gerald Paul sold 50,000 shares of the firm’s stock in a transaction dated Friday, May 12th. The stock was sold at an average price of $16.76, for a total transaction of $838,000.00. Following the sale, the insider now directly owns 212,986 shares in the company, valued at approximately $3,569,645.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.91% of the stock is owned by company insiders.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.

Want to see what other hedge funds are holding VSH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vishay Intertechnology, Inc. (NYSE:VSH).

Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

Receive News & Ratings for Vishay Intertechnology Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.